How much are Toyota Corollas going for?
The Toyota Corolla has long been a popular choice among drivers for its reliability, fuel efficiency, and affordability. As of February 2025, the market prices for Toyota Corollas can vary significantly based on factors such as model year, condition, mileage, and location. In this article, we will explore the current pricing trends for both new and used Toyota Corollas, helping you make an informed decision whether you're looking to buy or sell.
New Toyota Corolla Prices
For those interested in purchasing a brand-new Toyota Corolla, the starting price typically ranges from $21,000 to $25,000 depending on the trim level and optional features. The Corolla is available in several trims, including:
- Corolla L
- Corolla LE
- Corolla SE
- Corolla XLE
- Corolla XSE
Each trim offers different features, such as advanced safety technology, upgraded audio systems, and enhanced interior materials, which can affect the overall price.
Used Toyota Corolla Prices
The used car market for Toyota Corollas is robust, with prices generally ranging from $10,000 to $20,000. Factors influencing the price of a used Corolla include:
- Model year: Older models tend to be less expensive.
- Mileage: Lower mileage vehicles usually command higher prices.
- Condition: Well-maintained cars with no accidents are valued more.
- Location: Prices can vary by region due to demand and availability.
For example, a 2020 Toyota Corolla with moderate mileage might sell for around $18,000, while a 2015 model could be priced closer to $12,000 depending on its condition and service history.
Conclusion
Whether you're considering a new or used Toyota Corolla, understanding the current market prices can help you navigate your purchase or sale effectively. With its reputation for reliability and efficiency, the Corolla remains a strong contender in the automotive market.
Frequently Asked Questions
What is the current price of a Toyota Corolla?
Pricing and Which One to Buy
The price of the 2025 Toyota Corolla starts at $23,310 and goes up to $29,125 depending on the trim and options.
What is the cheapest Corolla model?
- LE 4dr Sedan (2.0L 4cyl CVT) (Most Popular) - $22,175 MSRP.
- SE 4dr Sedan (2.0L 4cyl CVT) - $24,615 MSRP.
- FX 4dr Sedan (2.0L 4cyl CVT) - $26,500 MSRP.
- XSE 4dr Sedan (2.0L 4cyl CVT) - $27,890 MSRP.
How much should I pay for a Corolla?
2023 Toyota Corolla MSRP and Invoice Price
| Trims | MSRP | Edmunds Suggested |
|---|---|---|
| LE Most Popular | $22,795 | $21,422 |
| SE | $25,235 | $23,696 |
| XSE | $27,945 | $26,204 |
What is the cheapest Toyota Corolla?
Prices for a new Toyota Corolla currently range from $22,132 to $33,453. Find new Toyota Corolla inventory at a TrueCar Certified Dealership near you by entering your zip code and seeing the best matches in your area.
Do Toyota Corollas hold their value?
The 2023 Toyota Corolla is our top pick for the best model year value for the Corolla. With the 2023, you would only pay, on average, 90% of the price as new, with 92% of the vehicle's useful life remaining. The 2024 and 2022 model years are also attractive years for the Corolla, and provide a relatively good value.
What is the most common problem in Corolla?
Some common problems with the Toyota Corolla include:
- Oil leaking/excessive oil use.
- Jerky acceleration.
- MAF sensor problem.
- Car vibrating.
Is the Toyota Corolla a reliable car?
The Toyota Corolla Reliability Rating is 4.5 out of 5.0, which ranks it 1st out of 36 for compact cars.
Which year of Toyota Corolla is most reliable?
The Toyota Corolla is known as a reliable car, but the 2013-2015 model years stand out as particularly exceptional. These years have been widely praised by automotive experts and consumers alike for their combination of advanced features, robust performance, and minimal maintenance issues.
What is the most common problem with Toyota Corolla?
Some common problems with the Toyota Corolla include: Oil leaking/excessive oil use. Jerky acceleration. MAF sensor problem.
What year of Corolla to stay away from?
Quick Answer: Avoid 2000, 2001, 2002, 2003, 2009, and 2014 Toyota Corollas. Throughout the lifespan of the Toyota Corolla, one of the most commonly reported problems is excessive oil usage in the engine. This was more common in the 2000, 2001, 2002, and 2009 model years, though it did appear in other years such as 2014 ...
